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1-bed · 758 sqftAxis Residences 2, Dubai Silicon Oasis · 8th floor · completed 2014

802-A, Axis Residences 2

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802-A · DLD and Ejari recordsUpdated 11 September 2023
Last soldAED 390K11 September 2023
Current rentAED 27K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 802-A, Axis Residences 2

What is 802-A worth today?

Last sold for AED 390,000 in 2023

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11 Sep 2023SoldReady
AED 390,000AED 514 per sqft
1 Sep 2021RentedNew contract
AED 27,000/yr12 months · AED 36 per sqft
1 Mar 2019RentedNew contract
AED 37,107/yr12 months · AED 49 per sqft
2 Dec 2017RentedNew contract
AED 53,000/yr12 months · AED 70 per sqft
1 Oct 2015RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
20 Sep 2015Sold by developerReady
AED 534,245AED 705 per sqft

Source: Dubai Land Department. Updated 11 September 2023.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
8th of 8
Parking
296
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,100 /yr
Last sold
AED 390K · September 2023
Building
Axis Residences 2

About 802-A, Axis Residences 2

802-A is a one-bedroom apartment of 758 sqft on the 8th floor of Axis Residences 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Gulf General Investments Co. It last sold on 11 September 2023 for AED 390,000, or AED 514 per sqft, 11% above the AED 462 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 1 September 2021, is AED 27,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 8,100 a year.

Sales and rents for 802-A over time

Sales
Unit 802-A, each saleTypical one-bed in Axis Residences 2
400K2013201720212025Typical sale price by year: 2013 AED 466,422; 2014 AED 530,524; 2015 AED 539,797; 2016 AED 547,955; 2017 AED 548,478; 2018 AED 532,169; 2019 AED 380,000; 2020 AED 338,500; 2021 AED 330,000; 2022 AED 325,000; 2023 AED 387,500; 2024 AED 450,000; 2025 AED 540,000; 2026 AED 537,500Sold by developer, September 2015: AED 534,245 (AED 705 per sqft)Sold, September 2023: AED 390,000 (AED 514 per sqft)

802-A has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 802-A, each contractTypical one-bed in Axis Residences 2
40K60K2014201820222026Typical rent by year: 2014 AED 57,985; 2015 AED 59,000; 2016 AED 58,000; 2017 AED 53,000; 2018 AED 45,500; 2019 AED 38,000; 2020 AED 31,000; 2021 AED 28,000; 2022 AED 32,000; 2023 AED 36,800; 2024 AED 43,890; 2025 AED 47,000; 2026 AED 50,000New contract, October 2015: AED 60,000 a yearNew contract, December 2017: AED 53,000 a yearNew contract, March 2019: AED 37,107 a yearNew contract, September 2021: AED 27,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Axis Residences 2, and where 802-A sits

All 268 1-beds →

802-A last sold in September 2023 at AED 514 per sqft, 11% above what one-beds in Axis Residences 2 were fetching at the time (AED 462). Over the last 12 months one-beds sold for AED 500,000 to 650,000, around AED 699 per sqft, and rent for AED 22,000 to 75,000 a year. 802-A's AED 27,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 2026520,000
10 Jul 2026555,000
24 Jun 2026500,000
14 May 2026568,000
7 1-bed sales in the last 12 months

Axis Residences 2

Building

284 apartments, 1-bed to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2014 by Gulf General Investments Co. 7 sold in the last 12 months.

Typical price per sqft
AED 699
Typical sale
AED 555K
Typical rent
AED 50K /yr
Typical yield
8.9%
Axis Residences 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 8th floor

All 284 units in Axis Residences 2
Value
801-A1-bedAED 527K · Mar 2018
801-B1-bedNo registered sale
802-B1-bedAED 529K · Feb 2018
803-A1-bedAED 469K · Sep 2013
803-B1-bedAED 300K · May 2023
804-A1-bedAED 400K · Mar 2018
804-B1-bedAED 556K · Sep 2015
1–7 of 37

802-A, Axis Residences 2 in numbers

  • Sold twice: first on 20 September 2015 for AED 534,245, last on 11 September 2023 for AED 390,000 (AED 514 per sqft).
  • Rented since October 2015 on 4 Ejari contracts, from AED 60,000 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 8,100 a year (AED 10.71 per sqft).
  • One-beds in Axis Residences 2 sold for AED 500,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 699 per sqft.

Source: Dubai Land Department. Updated 11 September 2023.

Questions about 802-A, Axis Residences 2

What did unit 802-A last sell for?

AED 390,000 on 11 September 2023: AED 514 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 534,245 in September 2015.

What is the rent for unit 802-A?

AED 27,000 a year on the contract signed on 1 September 2021. The previous contract, from March 2019, was AED 37,107; the unit has been rented since October 2015.

How big is unit 802-A?

758 sqft (70.4 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2014.

What is unit 802-A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Axis Residences 2 sold for AED 500,000 to 650,000 in the last 12 months, around AED 699 per sqft.

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Mortgage on 802-A, Axis Residences 2

Starts from the last sale price (AED 390K, 11 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →